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5246 US Highway 377 S 9,657 SF 100% Leased Retail Building Aubrey, TX 76227 $2,872,000 ($297.40/SF) 6% Cap Rate
Executive Summary
Excellent opportunity to acquire a well-located multi-tenant retail and office center in the heart of Krugerville along highly trafficked US-377. The property offers prime highway frontage, monument signage, and exceptional visibility within one of the area’s primary commercial corridors. Constructed in 2007, the center has been well maintained and recently updated, providing a clean and attractive environment for tenants and customers alike. The asset consists of two retail/office buildings fronting US-377, complemented by a rear flex warehouse building, allowing for a diverse tenant mix and flexible leasing opportunities. Surrounded by established neighborhoods and continued residential growth, the property benefits from consistent consumer demand and strong long-term fundamentals. Ample on-site parking supports both retail and office users, enhancing tenant functionality and retention.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
9,657 SF
Building Class
B
Year Built
2007
Price
$2,872,000
Price Per SF
$297.40
Cap Rate
6%
NOI
$172,320
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.12
Lot Size
1.84 AC
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,182,322 | |
| Land Assessment | $939,309 | Total Assessment | $2,121,631 |
Property Taxes
Parcel Numbers
Land Assessment
$939,309
Improvements Assessment
$1,182,322
Total Assessment
$2,121,631
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5246 US Highway 377 S
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